Japanese Investment in Asia Slides
As U.S., German Companies Expand

A PLUNGE IN JAPANESE investment in Asia last year has raised concerns in Tokyo that corporate Japan may be losing ground to U.S. and German firms in the region.

"While Japanese companies are busy adjusting and reviewing the Asian investments they have made so far, U.S. and German firms are contemplating an aggressive expansion of business," concludes a study by the Nomura Research Institute.